Just much more profitable bookings as I set my price higher. booking.com brings people at a much higher price more than Airbnb brings people at a lower price.Originally posted by @Brendan Curley:@Ken Latchers  what did booking.com do to prove you owned the home and how are they processing credit card payments for you? 

When you researched markets like Austin las Vegas Miami, those markets have higher land cost and are more cyclical in nature tend to have larger price swings compared to regions with lower land costs.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The probability of that happening drops much lower when YOUR voice is heard, when the actual victims get a chance to speak.

Your tax bill ? What have you seen make the biggest impact ? As agents I think marketing and vehicles can be the biggest tax deductions can not ? But not sure wanted to see what everyone thought?

PROS of a Solo 401(k) with no Custodian: 1) Freedom of checkbook control, ability to more easily move funds in and out of a bank account in the name of the Solo 401(k). 2) In some cases, lower fees. 3) Ability to more easily link your Solo 401(k) to bank account systems like rental property management systems, or if investing in real estate syndication platforms. 

If things go wrong on a $500K flip vs $1.5 million flip it is much easier to correct and you risk of losing money or not making the profit you want is quite a bit lower.

what really needs to be reviewed is why is it not going well and what is the plan - its very different plan when you cut distributions and do a capital call  to hold $4M to lower your debt obligation to allow for a refinnance compared to needing a capital call because you are only at 80% occupancy and anticpated 95%, rents are 50 cents a square foot less than you wanted and expenses are 25% higher....

You can also start exploring a house hack to utilize the lower DP

That seems like a lower demand area than any place I would ever invest.